INDIANA SOCIETY OF PROFESSIONAL LA… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1954

Legal Domicile

Principal Officer

VINCENT J BARR

Phone

3173284636

Tax Period

2022-07-01 to 2023-06-30

INDIANA SOCIETY OF PROFESSIONAL LAND SURVEYORS INC, founded in 1954, is a small nonprofit in the Environment sector that reported $344K in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year. Expenses of $323K left a modest 6% surplus.

Mission

AS A NOT-FOR-PROFIT SERVICE ORGANIZATION, WE SEEK GROWTH AND DEVELOPMENT OF OUR PROFESSION. OUR PRIMARY MISSION IS TO PROVIDE OUR MEMBERSHIP A PROFESSIONAL IDENTITY, PROFESSIONAL GUIDELINES AND DIRECTION, EDUCATIONAL SERVICES AND TO PROMOTE THE INTERESTS OF THE PROFESSION. THE PHILOSOPHY OF ISPLS IS TO ENCOURAGE ALL WHO ARE IN THE SURVEYING PROFESSION TO VALUE PROFESSIONAL ETHICS IN THOUGHT AND DEED, TO MAINTAIN COMPETENCY IN PERFORMANCE OF DUTIES, TO INSURE TRUSTWORTHINESS, TO PROVIDE QUALITY IN WORK, AND TO CONSTANTLY PROTECT THE PUBLIC INTEREST.

Program Service Accomplishments

Program 1

INDIANA SOCIETY OF PROFESSIONAL LAND SURVEYORS (ISPLS) PROVIDES AN ANNUAL CONVENTION FOR BOTH MEMBERS AND NON-MEMBERS. THE CONVENTION IS HELD ANNUALLY IN JANUARY AND PROVIDES SPEAKERS WHO SHARE...

INDIANA SOCIETY OF PROFESSIONAL LAND SURVEYORS (ISPLS) PROVIDES AN ANNUAL CONVENTION FOR BOTH MEMBERS AND NON-MEMBERS. THE CONVENTION IS HELD ANNUALLY IN JANUARY AND PROVIDES SPEAKERS WHO SHARE RELEVENT AND UP-TO-DATE INFORMATION IMPORTANT TO THE PROFESSION. EXHIBITORS PROVIDE DISPLAYS WITH THE LATEST TOOLS AND TECHNOLOGY UTILIZED IN LAND SURVEYING. WORKSHOPS ARE ALSO PROVIDED THROUGHOUT THE YEAR PROVIDING THE LAND SURVEYING PROFESSION WITH LEADING EDGE TECHNOLOGY AND TRIANING. ISPLS ALSO PROVIDES A MYRIAD OF ADDITIONAL SERVICES TO MEMBERS OF THE PROFESSION EACH YEAR.

Program 2

STATE LEGISLATION: PURPOSE IS TO TRACK AND INTRODUCE STATE LEGISLATION PERTAINING TO LAND SURVEYORS.

Program 3

HOOSIER SURVEYOR: THE HOOSIER SURVEYOR IS PUBLISHED QUARTERLY AND IS SENT TO MEMBERS AND OTHER ASSOCIATIONS. IT IS ALSO MADE AVAILABLE ON THE ISPLS WEBSITE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $322,113

Investment Income $20,043

Other Revenue $1,718

TOTAL REVENUE $343,874

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $323,398

TOTAL EXPENSES $323,398

Year-over-Year Comparison

	2022	2021	Change
Revenue	$343,874	$371,742	-0.1%
Expenses	$323,398	$367,960	-0.1%
Net Income	$20,476	$3,782	+4.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VINCE BARR	PRESIDENT	1.00	Officer Director	$0	$0	$0
ERIC MEEKS	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
RYAN SELBY	PRESIDENT- ELECT	1.00	Officer Director	$0	$0	$0
ALEX DAUGHERTY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RICH HUDSON	SECRETARY	1.00	Officer Director	$0	$0	$0
JACOB HOFFMAN	TREASURER	1.00	Officer Director	$0	$0	$0
ZACH BEASLEY	DIRECTOR	1.00	Director	$0	$0	$0
JASON COPPERWAITE	DIRECTOR	1.00	Director	$0	$0	$0
STEVE MAXWELL	DIRECTOR	1.00	Director	$0	$0	$0
DON WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA HESS	DIRECTOR	1.00	Director	$0	$0	$0
RYAN SWINGLEY	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$343,874	$323,398	$443,345	$20,476
2022	$371,742	$367,960	$438,930	$3,782
2021	$315,345	$198,654	$506,625	$116,691
2020	$339,804	$305,842	$369,643	$33,962
2019	$326,447	$358,068	$332,338	$-31,621
2018	$348,389	$330,206	$372,516	$18,183

INDIANA SOCIETY OF PROFESSIONAL LAND SURVEYORS INC